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Dorman Products Inc (DORM.OQ)

DORM.OQ on NASDAQ Stock Exchange Global Select Market

85.81USD
12 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Dorman Products Inc Reports Q3 2018 Results
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Dorman Products Inc ::DORMAN PRODUCTS, INC. REPORTS THIRD QUARTER 2018 RESULTS.SEES FY 2018 GAAP EARNINGS PER SHARE $3.96 TO $4.08.Q3 ADJUSTED EARNINGS PER SHARE $1.06.Q3 GAAP EARNINGS PER SHARE $1.03.Q3 SALES $248 MILLION VERSUS I/B/E/S VIEW $235.1 MILLION.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $4.15 TO $4.27.Q3 EARNINGS PER SHARE VIEW $1.04 -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $4.20 -- THOMSON REUTERS I/B/E/S.EXCLUDING. IMPACT OF FLIGHT AND TARIFFS, MAINTAINING 2018 SALES GROWTH GUIDANCE RANGE OF 4%-6%.FY2018 EARNINGS PER SHARE VIEW $4.20, REVENUE VIEW $949.1 MILLION -- THOMSON REUTERS I/B/E/S.EXCLUDING IMPACT OF FLIGHT AND TARIFFS, MAINTAINING FISCAL 2018 FULL YEAR SALES GROWTH GUIDANCE RANGE OF 4%-6%.DORMAN PRODUCTS - TARIFFS ENACTED TO DATE WILL INCREASE COST OF MANY PRODUCTS THAT ARE MANUFACTURED FOR CO IN CHINA.DO NOT ANTICIPATE THAT TARIFFS WILL MATERIALLY IMPACT GROSS PROFIT IN Q4 OF 2018.DORMAN PRODUCTS - EXPECT TO MITIGATE IMPACT OF TARIFFS IN FISCAL 2019.DORMAN PRODUCTS - SELLING PRICE INCREASES ASSOCIATED WITH TARIFFS TO BE FULLY OFFSET BY HIGHER TARIFFS INCURRED IN FISCAL 2019.  Full Article

Dorman Products, Inc. Announces CEO Succession Plan
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Dorman Products Inc ::DORMAN PRODUCTS, INC. ANNOUNCES CEO SUCCESSION PLAN.DORMAN PRODUCTS INC - KEVIN OLSEN PROMOTED TO PRESIDENT AND CHIEF OPERATING OFFICER, PROMOTED TO CHIEF EXECUTIVE OFFICER EFFECTIVE JANUARY 1, 2019.DORMAN PRODUCTS INC - OLSEN SUCCEEDS MATHIAS BARTON WHO WILL RETIRE AS CEO ON DECEMBER 31, 2018.DORMAN PRODUCTS INC - STEVEN BERMAN WILL CONTINUE AS COMPANY'S EXECUTIVE CHAIRMAN.DORMAN PRODUCTS - APPOINTED MICHAEL GINNETTI AS CO'S INTERIM CFO EFFECTIVE AUGUST 6, 2018.  Full Article

Dorman Products Enters Into A New Credit Agreement
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Dorman Products Inc ::DORMAN PRODUCTS INC - ‍ ON DECEMBER 7, CO ENTERED INTO A NEW CREDIT AGREEMENT- SEC FILING.DORMAN PRODUCTS SAYS CREDIT AGREEMENT PROVIDES A $100 MILLION REVOLVING CREDIT FACILITY, INCLUDING $20 MILLION SUBLIMIT - SEC FILING.DORMAN PRODUCTS INC - HAS ABILITY TO REQUEST AN INCREASE OF REVOLVING CREDIT FACILITY SIZE IN FUTURE BY UP TO AN ADDITIONAL $100 MILLION.DORMAN PRODUCTS-CREDIT AGREEMENT REPLACED EXISTING CREDIT AGREEMENT,THIRD AMENDED AND RESTATED CREDIT AGREEMENT, DATED AS OF JULY 24, 2006,AS AMENDED​.DORMAN PRODUCTS - SUBJECT TO EARLIER TERMINATION RIGHTS & EVENTS OF DEFAULT, STATED MATURITY DATE OF REVOLVING CREDIT FACILITY IS DEC 7, 2022.DORMAN PRODUCTS INC - PROCEEDS FROM REVOLVING CREDIT FACILITY WILL BE USED TO FINANCE CAPITAL EXPENDITURES.DORMAN PRODUCTS INC -THE ‍EXISTING CREDIT AGREEMENT WAS SCHEDULED TO EXPIRE ON JUNE 30, 2018​.  Full Article

Dorman Products Q3 earnings per share $0.80
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Dorman Products Inc ::Dorman Products, Inc. reports sales and earnings for the third quarter ended September 30, 2017.Q3 earnings per share $0.80.Q3 sales $224.6 million versus I/B/E/S view $234.1 million.Q3 earnings per share view $0.87 -- Thomson Reuters I/B/E/S.Sees FY 2017 sales up 6 percent.FY 2017 revenue view $923.5 million -- Thomson Reuters I/B/E/S.Dorman Products - ‍outlook for FY remains largely unchanged as we estimate annual sales growth to be in 6% range, EPS growth to be in high single digit range​.FY 2017 earnings per share view $3.45 -- Thomson Reuters I/B/E/S.  Full Article